An algorithm with a reputation for outperforming the crypto markets is showing a preference for Ethereum (ETH) and three other large-cap digital assets amid uncertain trading conditions. Each week, th...
Tag: Markets
Binance U.S. Arm to Bid for Bankrupt Voyager Digital’s Assets After FTX Collapse
The U.S. arm of Binance, the world’s largest cryptocurrency exchange, will make a bid for bankrupt lender Voyager Digital following the collapse of FTX, which in September won an auction for the comp...
Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says – Markets and Prices Bitcoin News
EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also ...
6 Preferred Stocks That Offer Safety and High Yields
There still is plenty of yield in the depressed preferred-stock market—even after the recent half-point yield decline in the Treasury 10-year note to 3.7%. Many preferred issues yield 6% or more and o...
Apple’s iPhone Issues Could Hit Revenue. Why Analysts Say Not to Worry.
Apple is facing delivery problems for some iPhones as issues at a critical factory in China continue. But analysts are playing down the potential long-term impact on the company. Apple (ticker: AAPL) ...
Risk Appetite Is Surging Again in Markets Seduced by Fed Hope
(Bloomberg) — Under the surface of one of the quietest weeks on Wall Street all year, some money managers are renewing speculative bets, hoping against hope that a more friendly — or at le...
Three Stocks That Buffett Bought and Morningstar Likes
You’ll rarely go wrong investing with Warren Buffett. Over the last 10 years, for example, his Berkshire Hathaway stock (BRK.B) – Get Free Report returned 13.6% annualized, compared to 13.3% fo...
Apple, Manchester United, Activision Blizzard and more
Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday...
Is the Stock Market Open Today? Here Are the Hours for Black Friday.
Instead of gearing up to trade Thursday, investors may be defrosting their Thanksgiving turkeys—and clipping coupons ahead of Black Friday. This year, Thanksgiving and Black Friday come after two days...
How much bitcoin does El Salvador have? Good luck getting an answer.
El Salvador is apparently buying a bitcoin a day. But we may never know if that’s true. In fact, since making the cryptocurrency legal tender last year, the country has failed to officially decl...
Postal workers in the UK launch Black Friday strike as industrial action sweeps the country
LONDON – Strikers from the CWU Trade Union attend the picket line at Peckham Royal Mail centre on November 24, 2022 in London, England. Strikes planned for the Black Friday weekend and the run-u...
Binance Leads PoR Effort, Bitcoin’s Battle Above $16K and Crypto Market’s Attempt at Recovery: This Week’s Recap
The past week was somewhat positive for the entire cryptocurrency market, both in terms of pricing and overall developments. While the meltdown of FTX looms over the industry and most market participa...
Dogecoin leads gains, bitcoin and ether dip as stock trading resumes on Wall Street
Altcoins and memecoins led gains, while major cryptocurrencies dipped slightly. Bitcoin fell 0.2% from yesterday, trading at $16,492 at 8:00 a.m. Eastern, according to CoinGecko. Ether was chang...
The Next U.S. Energy Revolution Is Here
Until now, the U.S. clean-energy revolution has been imported. Other countries make almost all of the batteries, solar panels, and critical chemicals used in America. But the revolution is starting to...
Warren Buffett explains his $750 million charitable donation on Thanksgiving eve
Warren Buffett Gerard Miller | CNBC Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve, and the legendary inve...
Binance, others line up bids for bankrupt Voyager after FTX collapse
Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty ...
Stocks making the biggest moves premarket: Activision, Tesla, Manchester United
Check out the companies making headlines before the bell: Activision Blizzard (ATVI) – Activision Blizzard slid 3.3% in premarket trading after Politico reported the Federal Trade Commission is likely...
China’s capital city Beijing battles Covid with more apartment lockdowns
Covid restrictions have tightened in Beijing while infections keep soaring, prompting lockdowns of communities. Jade Gao | Afp | Getty Images BEIJING — China’s capital city is grinding to a near...
How to Maximize Your Wealth Over the Next Decade
Investors accustomed to blockbuster returns faced a reckoning this year, as the great bull market ended with high inflation, soaring interest rates, and fears of a recession. The uncertainty persists,...
Asia Stocks Fall, Led by China; Treasuries Rally: Markets Wrap
(Bloomberg) — A gauge of Asian equities fell amid a subdued tone in markets on Friday after Thanksgiving in the US. Treasuries rose as trading resumed after the holiday. Most Read from Bloomberg...
Macro Guru Raoul Pal Says Crypto Markets Still Fundamentally Bullish Despite Peak Negative Sentiment
Macro expert and former Goldman Sachs executive Raoul Pal says that while negative sentiment across the crypto industry is at an all-time high, its fundamentals remain strong. In a new interview with ...
Stocks Boosted by Rate-Hike Outlook; Dollar Slips: Markets Wrap
(Bloomberg) — European stocks gained and the dollar fell after Federal Reserve meeting minutes showed support for more moderate interest-rate increases. Most Read from Bloomberg The Stoxx Europe...
Strategist Who Predicted May 2022 Bitcoin Crash Forecasts What’s Next for Crypto Markets
A popular crypto analyst who accurately predicted Bitcoin’s (BTC) crash in May 2022 is forecasting what’s next for BTC and the crypto markets. Pseudonymous crypto trader Capo details to his 676,000 Tw...
Binance creates $1 billion crypto industry fund after FTX collapse
Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor /...
€780 billion outflows Europe’s largest stock exchange in 2022 as financial markets bleed
The stock market continues to operate in an environment of high uncertainty, with most economies struggling to remain afloat amid soaring inflation and a subsequent slowdown in consumer spending. Cons...
Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities
The environment is now a global priority, evidenced by the threat of increasing carbon dioxide emissions reaching 414.72 parts per million, a new record high in 2021, as reported by the National Ocean...
Bear markets come in three stages; and we’ve only just started the second, says veteran analyst.
Stocks will start the Black Friday half-session near 10-week highs, having rebounded partly on hopes the Federal Reserve will be slowing the pace of interest rate rises as it waits to see how much pre...